Financial Operations Compliance Manager

1 week ago


Centurion, Gauteng, South Africa Network Recruitment Full time

Job Title: Financial Operations Compliance Manager


About the Role:


We are seeking a highly skilled Financial Operations Compliance Manager to join our team at Network Recruitment. The successful candidate will be responsible for ensuring the quality and compliance of our financial operations, with a focus on IFRS 17 reporting and Solvency Management Assessment framework.


Key Responsibilities:


The Financial Operations Compliance Manager will be responsible for:



  1. Developing and implementing quality assurance policies and procedures, including IFRS 17 compliance and reporting;
  2. Conducting audits of Reporting from Partners, claims, and underwriting processes;
  3. IFRS17 Implementation (Oversee and transition management);
  4. Monitoring and assessing compliance with Solvency Management Assessment framework to ensure financial stability and risk management;
  5. Working with relevant stakeholders to integrate solvency management principles into financial reporting and risk assessment processes;
  6. Regulatory Compliance;
  7. Process Improvement;
  8. Managing a team of Accountants and providing training on Financial procedures and IFRS17 requirements;
  9. Reporting and maintaining audit trails.

Requirements:


To be successful in this role, you will need:



  1. A qualified CA(SA) qualification;
  2. Completed SAICA articles;
  3. 2 to 3 years' experience as an Assistant Manager or in a similar role in an audit environment;
  4. Insurance industry experience essential (audit clients);
  5. Strong IFRS17 knowledge and understanding;
  6. Excellent analytical, problem-solving, and decision-making skills;
  7. Strong leadership and team management capabilities;
  8. Deadline driven;
  9. Ability to work in a high pressure, fast paced environment.

Apply Now: If you have the skills and experience required for this role, please do not hesitate to apply.



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